Soft99 Corp (4464 JP): The Board Opposes Effissimo’s Hostile Offer and Hints the MBO Will Succeed
Despite the significant premium of the Effissimo offer, the current acceptances for the MBO seem to be sticky, thereby increasing the likelihood...
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Primer: Soft99 Corp (4464 JP) - Sep 2025
Soft99 is a stable, profitable auto care chemical company currently embroiled in a significant corporate governance event. A management buyout...
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[Japan M&A/Activism] The Nagging Little Detail In the Soft99 MBO Extension Target Doc
The Effissimo Overbid for Soft99 is huge, groundbreaking, precedent-setting, etc. It is also a nice price. I could be wrong but I doubt the family...
755 Views
Soft99 Corp (4464 JP): Effissimo Sheds More Light on Its Hostile Offer
The huge premium of Effissimo’s offer relies on lower WACC assumptions. Management is in a bind, as the huge premium should let Effissimo satisfy...
796 Views
[Japan M&A/Activism] SOFT99 MBO Sees Activist EffissimoOverbid by 66%! Will This Set New Precedent?
Effissimo has *reportedly* said they plan to launch a TOB on 99Soft (4464) on Tuesday at +66% vs the MBO (which was +53% from undisturbed. This is...
898 Views